Real estate briefs: Sarasota and Manatee area

The dedication ceremony for the Mable Ringling Memorial Fountain, an invitation-only “High Tea With Mable,” is from 3 to 6 p.m. Sunday at the Senior Friendship Center on Alderman Street in Sarasota, which is adjacent to the fountain. It faces U.S. 41 near Osprey Avenue.

PREMIER SOTHEBY’S SCHEMMEL EXPECTS ANOTHER STRONG YEAR

Joel Schemmel, together with Peg Davant, of Premier Sotheby’s International Realty closed the fourth-highest sale of 2013 in Sarasota County on Dec. 20. The property at 1456 Point Crisp on Siesta Key, together with the adjacent lot at 1450 Point Crisp, sold for $5,675,000, and Schemmel expects more of the same this year.

Michael Holderness Jr. of Sarabay Real Estate brought the buyer to the transaction. Schemmel and Davant took over the listing on the property in November.

“We are observing tangible energy at the high-end of the real estate market, yielding accelerated deals with shorter closing times,” said Schemmel.

“Luxury buyers, who are increasingly comfortable with real estate as an investment, are choosing Sarasota as a highly desirable, warm-weather destination, and we expect the strong momentum we’ve seen in 2013 to continue in the year ahead.”

Schemmel and his team closed more than $11 million in sales in late November and December 2013, including three Siesta Key properties. Among them: 1321 Point Crisp, which closed for $3.675 million on Dec. 16, with Schemmel representing the seller; 2910 Casey Key Road, which closed for $2 million on Nov. 21, with Schemmel representing both sides of that sale; 1384 Harbor Drive in Harbor Acres, which closed for $4,150,000 on Dec. 6, with Schemmel bringing the buyer; and two condos on Siesta Key that were listed for seven days before going under contract, with Schemmel having both sides of those deals.

Last modified: January 10, 2014
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